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 Penang Property Talk, Property talk on Penang

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Ketchum
post Dec 3 2013, 12:57 PM

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QUOTE(yahiko @ Dec 3 2013, 12:49 PM)
just saw ur reply unker BDL brows.gif
so how is balik pulau road? i was think there also brows.gif
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There is a new road, opening soon, now still at one lane which is quite narrow. When it becomes two lanes, hear house price will shoot up. Remember, you hear from me first whistling.gif

http://www.thestar.com.my/News/Community/2...year-delay.aspx
sleepy 1
post Dec 5 2013, 12:35 PM

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Hi all,

Is anyone heard about Solaria condominium that near by Penang airport? Their developer is Ideal Homes Property. What do you think about it? Only 1150 sq feet and is rougly RM580K.

Is there any suggestion for the price range in Penang Island? Thanks

SUSjolokia
post Dec 8 2013, 03:06 PM

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http://www.themalaysianinsider.com/malaysi...housing-rules-t

About time, hopefully Selangor will follow suite.
laputa83
post Dec 25 2013, 07:05 PM

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Want to rent out 2 storey house at batu kawan,Taman Callisia 2 interested please pm me. Thanks.
goldchris
post Dec 25 2013, 09:04 PM

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QUOTE(jolokia @ Dec 8 2013, 03:06 PM)
http://www.themalaysianinsider.com/malaysi...housing-rules-t

About time, hopefully Selangor will follow suite.
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Lolx it may happen in selangor or no, penang seriously dont think so unless penang sinking
Soulheal3r
post Dec 26 2013, 08:35 AM

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Hi Guys,

Does anyone here has any update on the upcoming launches in penang, a new one...


penny1
post Dec 26 2013, 09:21 AM

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imperial residence by Ideal
xiao lin
post Jan 2 2014, 11:08 AM

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I'm looking for subsale unit in greenlane (K series, J series, Greenlane Park). Currently I prefer Greenlane Park among these unit that I had view. Any owner/ppl staying around there? I would like to know the details regarding this buiding.. (Management/buiding condition...etc..) =)
lowyatter
post Jan 2 2014, 11:23 AM

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QUOTE(Eye Property @ Dec 27 2013, 10:03 PM)
Jesselton Villas @ Penang Turf Club is LAUNCHING NOW!!!

Please visit>>> http://eyeonproperties.blogspot.com/2013/1...f-club-new.html for more details.
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3.6 million ringgit for a bungalow? I wanna see how many genuine buyers can afford 18,000 ringgit monthly payment for 30 years.
ynot
post Jan 2 2014, 11:33 AM

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QUOTE(xiao lin @ Jan 2 2014, 11:08 AM)
I'm looking for subsale unit in greenlane (K series, J series, Greenlane Park). Currently I prefer Greenlane Park among these unit that I had view. Any owner/ppl staying around there? I would like to know the details regarding this buiding.. (Management/buiding condition...etc..) =)
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i have a unit there, management is okay. Cheapest maintenance fees in the island i think. Love the fact that they pick up rubbish every morning from your door step. Overall is nicest among the bunch in that area but also appreciate the most. Own stay is great, investment... maybe not so much.
nookie188
post Jan 2 2014, 11:57 AM

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QUOTE(lowyatter @ Jan 2 2014, 11:23 AM)
3.6 million ringgit for a bungalow? I wanna see how many genuine buyers can afford 18,000 ringgit monthly payment for 30 years.
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obviously not for the ordinary joes...

there are many well off penang lang so 3.6 is "affordable"... some pay cash summore !:P
lowyatter
post Jan 2 2014, 01:18 PM

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QUOTE(nookie188 @ Jan 2 2014, 11:57 AM)
obviously not for the ordinary joes...

there are many well off penang lang so 3.6 is "affordable"... some pay cash summore !:P
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The well off in penang are already staying in landed property. You think they would be interested in Vincent Tan's shitty bungalows?

1.) If you live in Penang, you will know that this area is one of the worst places to live. Every workday jam, every weekend jam. Right next to cemetery so when it's cheng beng it's even more jam.

2.) For 3.6 million, you can get better landed property elsewhere.

3.) Berjaya is famous for lousy quality.



This post has been edited by lowyatter: Jan 2 2014, 01:22 PM
nookie188
post Jan 2 2014, 01:37 PM

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QUOTE(lowyatter @ Jan 2 2014, 01:18 PM)
The well off in penang are already staying in landed property. You think they would be interested in Vincent Tan's shitty bungalows?

1.) If you live in Penang, you will know that this area is one of the worst places to live. Every workday jam, every weekend jam. Right next to cemetery so when it's cheng beng it's even more jam.

2.) For 3.6 million, you can get better landed property elsewhere.

3.) Berjaya is famous for lousy quality.
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take it easy lah..why so stress..

no, i am not penang lang so am just commenting based on absolute pricing..
but i do agree berjaya is shit.. tongue.gif
oe_kintaro
post Jan 2 2014, 01:58 PM

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QUOTE(lowyatter @ Jan 2 2014, 01:18 PM)
The well off in penang are already staying in landed property. You think they would be interested in Vincent Tan's shitty bungalows?

1.) If you live in Penang, you will know that this area is one of the worst places to live. Every workday jam, every weekend jam. Right next to cemetery so when it's cheng beng it's even more jam.

2.) For 3.6 million, you can get better landed property elsewhere.

3.) Berjaya is famous for lousy quality.
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There are some nice landed developments in the Batu Ferringhi area. Last I checked around Oct, was around RM490-500psf... nice deal I think, but above my pay grade sad.gif
Soulheal3r
post Jan 2 2014, 02:14 PM

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QUOTE(lowyatter @ Jan 2 2014, 11:23 AM)
3.6 million ringgit for a bungalow? I wanna see how many genuine buyers can afford 18,000 ringgit monthly payment for 30 years.
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So i can see most of you here are not from penang and yet giving such a funny comment. Please do some google search and you will see that along this Waterfall road or so called Taman Jesselton Garden, the residents here are all multi-millionaire or so called Dato's even our famous Karpal Singh has one bungalow along this road. Huh...
lowyatter
post Jan 2 2014, 02:23 PM

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QUOTE(Soulheal3r @ Jan 2 2014, 02:14 PM)
So i can see most of you here are not from penang and yet giving such a funny comment. Please do some google search and you will see that along this Waterfall road or so called Taman Jesselton Garden, the residents here are all multi-millionaire or so called Dato's even our famous Karpal Singh has one bungalow along this road. Huh...
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You are the one that's not from Penang.

This project may be called Jesselton Villas but it is NOT IN JESSELTON.

It's behind the Turf Club i.e. Batu Gantung area. The back side (where the golf course is now) borders against the main Jesselton area but they are not connected by road. Road access is totally different from the "real" Jesselton.

This post has been edited by lowyatter: Jan 2 2014, 02:29 PM
puchongite
post Jan 2 2014, 02:32 PM

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Penang will be a much less interesting place to invest after LGE implement all these :-

http://limguaneng.com/index.php/2013/12/08...-bubble-enbmcn/

Soulheal3r
post Jan 2 2014, 02:34 PM

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QUOTE(lowyatter @ Jan 2 2014, 02:23 PM)
You are the one that's not from Penang.

This project may be called Jesselton Villas but it is NOT IN JESSELTON.

It's behind the Turf Club i.e. Batu Gantung area. the back side borders against the main Jesselton area but they are not connected by road.
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Hey Lowyatter, shame on you that u are from Penang. Perhaps u dont even know the price, along this road it is consider a prime are but it will be abit off due to the Batu Gantong cemetery. Then again looking at the sizes and sqft it is definitely justifiable. Even the reclaimation land at Seri Tanjung Pinang are already selling at RM1000 per sqft so what makes you think that at 6000 sqft X RM 600 per sqft which comes at about RM3,600,000 at this prime location is not worth it. Furthermore, it is just sitting next to Penang Turf Club and the high status next door neighbourhood.
lowyatter
post Jan 2 2014, 02:37 PM

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QUOTE(Soulheal3r @ Jan 2 2014, 02:34 PM)
Hey Lowyatter, shame on you that u are from Penang. Perhaps u dont even know the price, along this road it is consider a prime are but it will be abit off due to the Batu Gantong cemetery. Then again looking at the sizes and sqft it is definitely justifiable. Even the reclaimation land at Seri Tanjung Pinang are already selling at RM1000 per sqft so what makes you think that at 6000 sqft X RM 600 per sqft which comes at about RM3,600,000 at this prime location is not worth it. Furthermore, it is just sitting next to Penang Turf Club and the high status next door neighbourhood.
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Since when is Batu Gantung considered prime? Your access is s***. Jalan Lemba Kuda and Batu Gantung is always jammed, same with Scotland Road.

The real Taman Jesselton is prime because you have much better access from Jalan Utama or Solok Brook > Jalan Macalister, without needing to go through Scotland Road.

FYI, you can pick up landed property in Taman Jesselton, or Taman Berjaya, or Codrington Avenue for less than rm600 per square foot, and from better developers than Berjaya. All these would be better locations than Batu Gantung.

This post has been edited by lowyatter: Jan 2 2014, 02:39 PM
Soulheal3r
post Jan 2 2014, 02:49 PM

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QUOTE(lowyatter @ Jan 2 2014, 02:37 PM)
Since when is Batu Gantung considered prime? Your access is s***. Jalan Lemba Kuda and Batu Gantung is always jammed, same with Scotland Road.

The real Taman Jesselton is prime because you have much better access from Jalan Utama or Solok Brook > Jalan Macalister, without needing to go through Scotland Road.

FYI, you can pick up landed property in Taman Jesselton, or Taman Berjaya, or Codrington Avenue for less than rm600 per square foot, and from better developers than Berjaya. All these would be better locations than Batu Gantung.
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Yeah, you maybe right but then again this is a new development which has been awarded to Berjaya few years back if i am to consider the construction cost as it is today, i still think that it is justifiable to be selling at RM600 persqft for a high end bungalow and with this kinda of concept. Just my two cents opinion.

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